Newsday from New York, New York on October 3, 2003 · 139
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Newsday from New York, New York · 139

New York, New York
Issue Date:
Friday, October 3, 2003
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rr- j Srr-s By Mary Reinholz (OP W Tou clear day in Manhattan subway riders emerging from the Columbus Circle station may be momentarily blinded by the sunlight shimmering off two glass-sheathed towers Tourists pass by and snap photographs of the nearly completed 750-foothigh monoliths shaped like parallelograms They soar over the edge of Central Park South and the circle where the iconic statue of Christopher Columbus also rises above this busy transportation hub The twin 80-story skyscrapers of the Time Warner Center which broke ground in 2000 will open in stages — starting later this month — on a site where master builder Robert Moses New York Coliseum once stood At more than $18 billion they constitute New York City’s first mqjor building project to be completed since the World Trade Center towers fell The complex comprises Time Warner's world headquarters and New York studios for CNN as well as 201 condominium units (including 10 penthouses) a seven-tier arcade for six restaurants and a collection of upscale retailers a luxury hotel and a jazz performing arts facility With 28 million square feet the project will become “the Rockefeller Center of the 21st century" predicts Stephen M Ross chairman and chief executive of The Related Companies one of the center’s development partners who include William L Mack co-founder of Apollo Real Estate Advisors "We’re giving people a place to shop on the West Side” Ross said adding that Whole Foods Market the center's largest retail tenant "will be a mqjor attraction There’s a health club that the community can join There are tremendous economic opportunities for the city” Still the center has been the target of litigation and community complaints over the effect of construction at the site which covers 2’a city blocks Ethel Sheffer an urban planner and farmer chairwoman of the Tri-Board Task Force on Columbus Circle a group composed of Community Boards 4 5 and 7 said her group approved of the site plans and overall design by renowned architect David M Childs consulting design partner at the Manhattan office of Skidmore Owings & Merrill But the task force object ed to several aspects of the prqject which was approved by the Metropolitan Transportation Authority as well as city and state agencies and officials "It’s much too big" Sheffer said "But the key issues are the renovation of and planning for the circle so that it’s really a place that is a public asset and a respectful entry to Central Park and not just a place for cars" Others have questioned whether the new behemoth might be vulnerable to another terrorist attack or blackout — an issue Ross largely discounts "We did a lot of things” after 911 he said during an interview in a penthouse in the south tower at West 58th Street dubbed the One Central Park Club "We strengthened the 'steel so there is no way the building will collapse Every elevator has backup generators so there’s no way anyone will be stuck which seems to be on everyone’s mind" All the security technology is built in Ross added "Anywhere in the building you can plug in the wall and you can telecast voice and pictures to any place in the building” he said "There’s high-speed Internet It’s state of the art” Among the new residents will be British financier David Martinez who recently plunked down $45 million to join lVa units in the south tower for a penthouse on the 76th and 77th floors that commands spectacu lar views of the park and skyline through 25-foot-high walls ofglass Others are singer Ricky Martin and interior decoratorauthor Lady Henrietta Spencer Churchill a granddaughter of Winston Churchill who reportedly paid $85 million for a three-bedroom apartment she designed herself in the north tower The twin edifices also provide enough elbow room — 193000 square feet — for Class A or top-of-the-line rental office space another 865000 square feet of office space for 1700 Time Warner employees and Jazz at Lincoln Center a 100000-square-foot performing arts complex that former Mayor Rudolph Giuliani imposed as a requirement on several major development teams that vied to get the treasured 34-acre property from the MTA Designed by Rafael Vinoly Architects and billed as the first facility ever devoted to the art form Jazz encompasses a 1100-seat theater a 600-seat performance atrium recording studios classrooms and a 140-seat jazz club Dizzy's Club Coca Cola named after the legendary trumpet player Dizzy Gillespie Damaged by a fire in April Jazz will nevertheless open on schedule in the fall of 2004 said David Worsley a vice president with Columbus Centre LLC Related’s development wing In a few weeks New Yorkers will be able to see HBTIMEWARNER CENTER AT'A GLANCE j Dsvslopsn: The Related Companies and Apollo Real Estate Advisors Cost: $18 billion Sirs: 28 million square feet Major coaiponontK e About 200 luxury residential condominiums with prices starting at $18 million for two-bedroom apartments and ranging generally up to $39 million for "floor-through” penthouses with 360-degree views More than 55 percent sold with occupancy begin- ning later this month e The 149-room Mandarin Oriental Hotel is scheduled to open late this month 400000-square-foot upscale shopping gallery to open in February with retailers such as AX Armani Exchange Hugo Boss Coach Williams-Sonoma Grande Cuisine and Whole Foods Market Chic eateries within the seven- tier retail atrium include a New York version of Thomas Keller’s French Laundry from Napa Valley Gray Kunz cafe and a new steakhouse from Jean-Georges Vongerichten e About 1700 Time Warner employees scheduled to move' into the company’s new headquarters next spring occupying roughly 30 percent of the center’s space CNN also will establish its New York office there this summer e Jazz at Lincoln Center the center’s 100000-square-foot public performing arts complex scheduled to open in the fell of 2004 Sr -

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